The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank’s ‘Auctions-as-a-Service’ tool for the auction closing in 2025. The post European Commission greenlights €400 million Spanish hydrogen scheme appeared first on Offshore Energy.
Yokohama-based shipbuilding major Japan Marine United Corporation (JMU) has handed over an environmentally friendly […] The post JMU hands over new eco-conscious 158,954 dwt Suezmax tanker appeared first on Offshore Energy.
The first 22,000 cubic meter (cbm) liquefied CO2 (LCO2) carrier, dubbed the “world’s largest” and ordered by Greek shipping company Capital Clean Energy Carriers, has been launched in South Korea. The post ‘World’s largest’ LCO2 carrier hits the water appeared first on Offshore Energy.
Offshore marine survey operations are scheduled to begin soon at what would be the […] The post UK’s fifth subsea electricity superhighway in the making? appeared first on Offshore Energy.
The Offshore TSO Collaboration (OTC), an initiative established in 2022 that gathers transmission system […] The post European TSOs: ‘Energy independence must begin at sea’ appeared first on Offshore Energy.
SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has bid welcome to its new FPSO vessel destined for ExxonMobil’s fourth oil project in the Stabroek block off the coast of Guyana. The post SBM Offshore FPSO’s miles-long journey ends in Guyana as first oil date approaches (Gallery) appeared first on Offshore Energy.
The maiden call of a newbuild LNG-powered pure car and truck carrier (PCTC) at Autoterminal Khalifa Port has marked a new milestone for United Global Ro-Ro. The post United Global Ro-Ro cheers maiden call of newbuild LNG-powered PCTC at Khalifa Port appeared first on Offshore Energy.
In a blow to Air Products’ new management, shares in the industrial gas major have been downgraded by analysts at Bank of America to Underperform from a previous investment rating of Neutral. The downgrade reflects heightened uncertainty around the financial viability and timing of three major clean hydrogen projects in Saudi Arabia (NEOM), Louisiana and Alberta. Tariffs and weakened climate policy could inflate capital costs and delay timelines, particularly for NEOM and Louisiana, the bank said. … to continue reading you must be subscribed Source link
Shell has disclosed better porosity and permeability than previously assumed for its natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS). This led the firm’s partner, Deltic Energy, to reveal a boost in recoverable gas volumes from the project. The post Gas uptick for Shell’s North Sea development project appeared first on Offshore Energy.
Adira Renewables, the wholly-owned subsidiary of Singapore’s offshore services provider Kim Heng and Soiltech Engineering […] The post Korea-flagged geotechnical survey vessel in new guise hits the water (Gallery) appeared first on Offshore Energy.